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Naming and shaming Paks terror outfits is key takeaway from POTUS' India visit

Jan 26, 2015 at 17:21 | Source: FirstPost

US President ongoing three-day India visit was successful on Day One itself when both Obama and Prime Minister Narendra Modi took a policy decision to operationalise the nuclear deal by addressing some of their long-pending mutual concerns.On Monday ...

Greece: Euro recovers after hitting 11-year low on Syriza victory

Jan 26, 2015 at 16:47 | Source: BBC

The euro recovered from an 11-year low against the dollar as investors digested what Syriza's election victory in Greece meant for the eurozone. Europe's main share markets also rose - after initial falls - on hopes that a compromise over G...

Why aren't markets panicking about Greece?

Jan 26, 2015 at 16:47 | Source: BBC

The Greek people don't seem desperately grateful for the 240bn euros in bailouts they've had from the eurozone and IMF - and here is one way of seeing why. The country's economic crisis was caused in large part because its government h...

Greek elections: What now for the euro?

Jan 26, 2015 at 16:47 | Source: BBC

Anti-austerity party Syriza has won Greece's general election, pledging to renegotiate the enormous bailout with the country's international creditors. The conservative New Democracy party of outgoing Prime Minister Antonis Samaras will for...

Syriza and Independent Greeks agree Greece coalition

Jan 26, 2015 at 16:47 | Source: BBC

The far-left Syriza party, which won Greece's general election on Sunday, has formed an anti-austerity governing coalition with the right-wing party Greek Independents. The coalition will have a comfortable majority in Greece's new parliame...

Asian shares mixed after Greek anti-austerity party win

Jan 26, 2015 at 16:47 | Source: BBC

Asian markets experienced mixed fortunes as investors reacted to the news that the anti-austerity Syriza party had won the Greek election. Syriza leader Alexis Tsipras has pledged to renegotiate Greece's debt with international creditors and rev...

Aer Lingus considers new offer from BA owner IAG

Jan 26, 2015 at 16:47 | Source: BBC

The Aer Lingus board is considering a revised €2.55 a share offer from IAG, the owner of British Airways. The new €1.36bn offer, which follows two previous bids, would depend on the recommendation of Aer Lingus's board and both Ryanair and t...

Australia to cash in on China milk boom

Jan 26, 2015 at 16:47 | Source: BBC

A free trade deal with China that slashes tariffs on dairy exports could turn Australia into a land of milk - if not honey - and set it up to take advantage of China's addiction to Western powdered milk. Ever since a milk poisoning scandal in Ch...

Syriza victory: Turning point for EU?

Jan 26, 2015 at 16:47 | Source: BBC

On Klathmonos Square, the flags were flying high, supporters of Syriza were singing and dancing, there were hugs and tears and broad beaming smiles. This was an extraordinary victory for the radical left in Greece - probably beyond its own expectatio...

Greece: After winning elections, radical politician Alexis Tsipras vows to end humiliation and pain

Jan 26, 2015 at 16:13 | Source: FirstPost

Athens, Greece: A radical left-wing party vowing to end Greece's painful austerity program won a historic victory in Sunday's parliamentary elections, setting up a showdown with the country's international creditors that could shake the eurozone.Alex...

Craving US approval: Indian media's obsession with the Obamas is overdone

Jan 26, 2015 at 15:44 | Source: FirstPost

Every American Presidents visit, including the current one of Barrack Obama, invariably becomes the moment for us to measure our worth, whether or not we possess the charm to seduce the worlds solitary Superpower.The "we" and "our"...

Indo-US nuclear deal: Why is Modi pursuing what looks like a total loss in N-energy?

Jan 26, 2015 at 12:38 | Source: FirstPost

On 25 January, the airwaves were filled with self-congratulatory and self-satisfied messages about how we had won the nuke deal. Nobody was clear about what exactly we had won, and how, and why the Americans (superb negotiators) had apparently caved ...

Aer Lingus 'to accept' bid from British Airways owner IAG

Jan 26, 2015 at 11:27 | Source: BBC

Irish airline Aer Lingus is set to approve a new takeover bid by British Airways owner IAG, the BBC understands. IAG, which also controls Iberia in Spain, has submitted a fresh offer - which could be approved this week - of around €2.50 (£1.87) pe...

Euro hits 11-year low after Syriza victory in Greece

Jan 26, 2015 at 11:27 | Source: BBC

The euro has fallen sharply against the dollar after the anti-austerity Syriza party won the Greek general election. The euro briefly fell as low as $1.1088 - the lowest level against the dollar in more than 11 years. Traders says there is uncertaint...

Asian shares lower on Greek anti-austerity party win

Jan 26, 2015 at 11:27 | Source: BBC

Asian shares traded mostly lower on Monday after the anti-austerity Syriza party won the Greek elections, adding uncertainty to the markets. Syriza leader Alexis Tsipras has pledged to renegotiate Greece's debt with international creditors and r...

Greece election: Anti-austerity Syriza wins election

Jan 26, 2015 at 11:27 | Source: BBC

Anti-austerity Syriza party has won Greece's general election, putting the country on a possible collision course with the EU over its massive bailout. With nearly 75% of the votes counted, Syriza is projected to win 149 seats, just two short of...

Sanjay Leela Bhansali, Prasoon Joshi named for Padma Shri

Jan 26, 2015 at 10:48 | Source: FirstPost

New Delhi: Acclaimed filmmaker Sanjay Leela Bhansali and celebrated writer-lyricist and ad guru Prasoon Joshi were named for Padma Shri honour Sunday on the eve of 66th Republic Day.They will receive the award for their contribution to art over the y...

RBI rate cut effect: FIIs pump Rs 21,000 cr into Indian markets in Jan

Jan 26, 2015 at 10:40 | Source: FirstPost

Overseas investors have pumped in a staggering over Rs 21,000 crore in Indian capital markets since the beginning of the month owing to easing inflation and rate cut by the Reserve Bank of India (RBI).Foreign institutional investors (FIIs) have bough...

Modi wins big with US nuclear deal, but what will Prez Obama want in return?

Jan 26, 2015 at 10:39 | Source: FirstPost

The Americans are known to be highly transactional in the way they craft and implement their foreign policy. History bears witness to this tendency.Before they agreed to join UK in the war effort against Hitler in 1941, Americans asked Britain to dis...

Overseas investors pump in over Rs 21,000 cr so far in January

Jan 26, 2015 at 10:36 | Source: FirstPost

Overseas investors have pumped in a staggering over Rs 21,000 crore in Indian capital markets since the beginning of the month owing to easing inflation and rate cut by Reserve Bank of India (RBI).Foreign Institutional Investors (FIIs) have bought sh...

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